Author: NBTC

South Korea’s ruling Democratic Party has introduced a legislative amendment that would grant financial authorities the power to freeze cryptocurrency exchange accounts suspected of being used for illicit asset transfers. The proposed changes to the Act on Reporting and Use of Certain Financial Transaction Information mark a significant expansion of the country’s anti-money laundering framework for digital assets. Expanding the Legal Definition of Accounts The bill, as reported by Digital Asset, introduces a new legal definition of an “account” within the context of virtual asset service providers (VASPs). Under the amendment, an account would be defined as a unique identification…

Options are derivative contracts used by traders to hedge price volatility risks. A call option offers asymmetric upside exposure in the underlying asset for a small upfront payment, much like a lottery ticket. A put option represents an insurance against price drops. Exchanges typically follow a playbook when offering derivatives as a product. They start with futures to build a deep, liquid order book and tight spreads, and only once that core market is humming do they layer on options as a second wave of more complex, higher‑margin products. A Binance representative shared volume figures for gold and silver perpetual…

A potential signal in Bitcoin’s market behavior is drawing attention as investors look for clues about where money could move next. Analyst Pumponomics said he recently increased his crypto exposure after spotting a bullish divergence between Bitcoin and the S&P 500, a pattern he believes could indicate capital returning to digital assets. Pumponomics said he had previously favored fast-growing sectors such as artificial intelligence, quantum computing, and space technology over cryptocurrencies. However, his view changed after he noticed similarities between today’s stock market leaders and past crypto market cycles. He wrote, “the rotation is coming, and our coins are cheap…

Following a roughly 30% rally that started as the cryptocurrency hit lows near $1,500, Ethereum ($ETH) is now threatening a bearish reversal based on a well-regarded technical indicator. Specifically, the top on-chain analyst on X, Ali Martinez, warned early on July 31 that TD Sequential flashed a sell signal as $ETH hit levels close to $1,980. Notably, the same indicator preceded the Ethereum rally that took the token from approximately $1,500 to the highs just under $2,000. The TD Sequential called the Ethereum rally.It flashed a buy signal near $1,500, just before a 31.5% move higher.Now, with $ETH trading around…

$BTC is less volatile than South Korea’s stock market. Since the start of June, South Korea’s benchmark KOSPI has swung an average of 3.8% a day, more than double $BTC’s 1.7%. On Thursday alone, South Korea’s benchmark KOSPI fell 6.4% to 6,820, tripping its 37th program-trading halt of 2026, a five-minute regulatory pause to restore order to chaotic markets. However, that crash wasn’t even its worst session of the week. Meanwhile, $BTC and crypto indices appear to be sailing calmer waters by comparison. On a 12-month basis, KOSPI’s annualized volatility has climbed to 57% against $BTC’s 47% — still higher…

Top AI crypto coins have continued their uptrend and are outperforming Bitcoin and other tokens this year as the artificial intelligence boom gains momentum and as top companies like OpenAI and Anthropic launch their initial public offerings (IPOs). Anthropic filed its IPO papers on Monday, a few days after it completed its fundraising that valued it at $900 billion. Its filings came shortly after OpenAI made its submissions to the Securities and Exchange Commission (SEC). These IPOs, as we have seen with space stocks, will likely lead to more gains among AI cryptocurrencies and stocks. This article looks at some…

South Korean prosecutors have again requested a 20-year prison sentence for Jeong Sang-ho, the CEO of troubled crypto deposit service Delio, over allegations that he defrauded users of approximately 250 billion won (around $190 million) in virtual assets. The sentencing hearing is scheduled for August 13 at 5:00 a.m. UTC, according to a report by Digital Asset. Background of the case The case centers on events from June 2023, when Delio abruptly suspended withdrawals from its virtual asset deposit service. Prosecutors allege that Jeong fraudulently misappropriated about 250 billion won from users, violating the Act on the Aggravated Punishment of…

It was sometime in 2015, on a hiking trail in Hong Kong, that the perpetual swap — also called a perpetual future or a “perp” for short — was born. Ben Delo, the mathematician and co-founder of BitMEX, was walking with a friend called Bavik, a derivatives trader, wrestling with a problem that had been nagging at him for months. BitMEX had been trying everything. Quarterly futures, monthly futures, weekly futures, 48-hour futures, even a contract that lasted just 24 hours before resetting. Nothing was working. Customers kept complaining that their positions were closing without warning. They wanted something that…

In brief Bitcoin traded near $64,100 Thursday morning, down about 1% on the day but up roughly 2% over the past week, after the Federal Reserve’s first meeting under new Chair Kevin Warsh. Warsh’s hawkish signals, which included lifting the Fed’s year-end rate projection and reviving July hike bets, cooled a relief rally tied to a U.S.-Iran de-escalation. Analysts argued that a firming $60,000 support level, slowing ETF outflows, and catalysts like the CLARITY Act give reason for cautious optimism. Bitcoin steadied near $64,100 on Thursday, down about 1% over the past 24 hours, as traders weighed a hawkish debut…

Global investment bank TD Cowen has adjusted its price target for SharpLink Gaming (SBET) to $13, down from the previous $16, while maintaining a Buy rating on the company. The revision follows SharpLink’s recent strategic moves, including a $75 million capital raise, the purchase of 10,000 Ethereum ($ETH), and a plan to repurchase 2.13 million shares of its own stock, as reported by The Block. SharpLink’s Strategic Shift Toward Ethereum SharpLink Gaming, originally known for its sports gaming technology, has pivoted to accumulate Ethereum as part of a broader financial strategy. The company’s recent $75 million raise, combined with the…